Yes, works well for me on 1100s. $160 for a wheel seems far too much. I currently pay UK £37 per wheel. (6" dia, 60/70 grit, 1/2" width, 1/4" thickness of abrasive - This produces a profile similar to the non deep dish cutters and will do 100s of cutters). Achieving factory sharpness is straightforward.
Red Roo, the Australian version, recommend grinding the side rather than the top. I do both, thus balancing the loss of carbide thickness and diameter. This allows more sharpenings before they are useless, and gives me something to do while the timer set up is doing its stuff.
12-20 an hour. All done in a small shed 2 steps from my back door.
A good dust extraction system and/or face mask are essential. Breathing carbide dust is a very bad idea.
The downside is that as the cutters become smaller the wear to nuts and pockets increases.